Okla. Stat. tit. 62, § 62-255.5
This is the official text of Okla. Stat. tit. 62, § 62-255.5, part of Oklahoma’s Stat. tit. 62, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 62,." Browse the sections below, each linked to its official government source.
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ARPA Administrative Costs Fund
Official statutory text
A. There is hereby created in the State Treasury a special fund
to be designated the "ARPA Administrative Costs Fund". Such fund
shall be subject to legislative appropriation or transfer as
provided by law and shall consist of all such monies as the
Legislature may direct to be appropriated or transferred to said
fund.
B. Notwithstanding any provision of law to the contrary, all
interest and income derived from deposits to the ARPA Administrative
Costs Fund shall be credited to the ARPA Administrative Costs Fund.
C. Any funds remaining in the ARPA Administrative Costs Fund as
of July 1, 2024, are hereby deemed obligated by the Oklahoma
Legislature for the purpose of funding administrative costs arising
from implementing, reporting, complying with, and closing out any
projects appropriated Statewide Recovery Funds in accordance with
legislation.
to be designated the "ARPA Administrative Costs Fund". Such fund
shall be subject to legislative appropriation or transfer as
provided by law and shall consist of all such monies as the
Legislature may direct to be appropriated or transferred to said
fund.
B. Notwithstanding any provision of law to the contrary, all
interest and income derived from deposits to the ARPA Administrative
Costs Fund shall be credited to the ARPA Administrative Costs Fund.
C. Any funds remaining in the ARPA Administrative Costs Fund as
of July 1, 2024, are hereby deemed obligated by the Oklahoma
Legislature for the purpose of funding administrative costs arising
from implementing, reporting, complying with, and closing out any
projects appropriated Statewide Recovery Funds in accordance with
legislation.
Status: in_force · Read it on the official government site
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